Crypto isn’t going anywhere — though Coinbase might — so what the market needs is a fresh start: new exchanges that can avoid the ever-present threat of SEC enforcement …

The market study may be the first of its kind to examine Web3 competition dynamics. Source: https://www.coindesk.com/policy/2023/06/06/luxembourg-antitrust-authority-to-probe-blockchain-web3-competition/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coinbase’s stock (COIN) took a major hit on Tuesday after the company was sued by the U.S. Securities and Exchange Commission (SEC) on allegations of violating federal securities law. …

The SEC’s lawsuit against Coinbase named thirteen altcoins as securities. Source: https://www.coindesk.com/markets/2023/06/06/altcoins-dip-following-second-sec-lawsuit-against-crypto-exchange/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. Securities and Exchange Commission (SEC) sued U.S crypto exchange Coinbase on allegations of violating federal securities law, a day after filling a similar suit against Binance. Source: …

The amount of bitcoin held on exchanges fell 12%, while ether supply saw a slight gain, the report said. Source: https://www.coindesk.com/business/2023/06/06/bitcoin-saw-heavy-profit-taking-in-may-goldman-sachs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

OKX is the first client to use Komainu Connect, a regulated settlement and custody system for institutional customers. Source: https://www.coindesk.com/business/2023/06/06/okx-chooses-nomura-backed-crypto-storage-firm-komainu-as-custodian/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: Lido’s stETH token has become the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko. What’s behind its …

Apple on Monday announced its Vision Pro headset, which it says “seamlessly blends digital content with the physical world.” What could this mean for the future of Web3? Source: …

The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy. Source: https://www.coindesk.com/policy/2023/06/05/genesis-bankruptcy-judge-extends-mediation-period-between-genesis-creditors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines